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Short-term loans

Tight monetary policy: where can businesses find funds?

Tight monetary policy: where can businesses find funds?

A report from the Ho Chi Minh Securities Company shows that bank interest rates have risen by 0.46 percentage points for short-term loans since the end of last year to 7-9 per cent and to 9-12.5 per cent for medium-...
Central bank to tighten lending regulations

Central bank to tighten lending regulations

The maximum ratio of short-term funds used for medium- and long-term loans will be reduced from the current 45 per cent to 40 per cent from January 1 next year, according to a new State Bank of Viet Nam (SBV)...
Banks cut interest on priority sector loans

Banks cut interest on priority sector loans

Following the Government’s instruction to support domestic production and businesses, the Bank for Foreign Trade of Viet Nam (Vietcombank) on January 10 announced a cut in lending interest rates for enterprises operating in prioritised sectors.
Credit growth reaches 15.3% in 11-month period

Credit growth reaches 15.3% in 11-month period

The credit growth in November rose 2.8 per cent against the previous month, pushing the total rise in the 11 months of this year to 15.3 per cent.
Sacombank offers 132 mil credit package to household businesses, small traders

Sacombank offers $132 mil credit package to household businesses, small traders

Sacombank has set aside VND3 trillion (US$132.15 million) for preferential loans to household businesses, small traders and firms converted from household businesses in HCM City.
Local banks profitability falls

Local banks' profitability falls

Profitability of domestic commercial banks has reduced compared to previous years due to rising risk provisions for non-performing loans, according to a report from NFSC
Capital injection needed to cut loan interest rates

Capital injection needed to cut loan interest rates

The State Bank of Viet Nam needs to inject privileged capital into the banking system to help credit institutions cut lending costs without causing a systematic imbalance in interest rates.
Ha Noi loans grow by 4% in September

Ha Noi loans grow by 4% in September

Total outstanding loans in the capital city reached VND975.20 trillion (US$46.44 billion) in September, according to figures from the city''s Department of Statistics.
BIDV offers attractive credit package for fishermen

BIDV offers attractive credit package for fishermen

The Bank for Investment and Development of Vietnam (BIDV) plans to release a credit package with attractive interest rates to help fishermen build iron vessels for offshore fishing.